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Medical Cannabis Co Columbia Care Launches Credit Card

PYMNTS

is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. Launch of the credit card comes after a successful test run in New York. This is the first time consumers in the United States can use a credit card to buy cannabis, the company said.

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Santander Gets Hit With Fine Due To Overdraft Practices

PYMNTS

The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.

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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

PYMNTS

The Rise Of Card-On-File Commerce. Retailers have rushed to enable a “contactless” payment experience to make them feel more comfortable shopping and checking out in their shops. With an absence of contactless card penetration in the U.S., With an absence of contactless card penetration in the U.S., Trackers And Reports.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Abra, another blockchain-enabled mobile wallet and payments startup, was recently integrated into the payments ecosystem of American Express: through a new feature , customers will be able to fund their Abra wallets using an eligible American Express Card. Gift cards and loyalty programs. Cybersecurity.